What is the nature of your business?


Problem

Business name - Food for Good; Business type - Indian restaurant

1. What is the nature of your business?

2. What is the current trend if your industry?

3. Does this affect your business? If so, how will this shape it? If not, why is your business not affected by industry trends?

4. Do you think you can have more than one Generation as a Target group for your market?

5. How would you accommodate these cross-generations in your Business Idea?

6. What is the difference between a fad and a trend, and which one drive your business decisions?

7. Describe 3 existing companies that currently offer a similar menu, service, or product to the one you would like to offer in your business.

8. How would you differentiate and outcompete these companies?

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Business Management: What is the nature of your business?
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